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The Trump Presidency Timeline

Documenting the chaos since day one. 5 entries and counting.

Category: crypto
crypto

crypto meets cronyism: trump's meme coin dinner

Justin Sun, a proud investor in financial comedy, ready to dine in style with the meme coin maestro himself.

Justin Sun, a proud investor in financial comedy, ready to dine in style with the meme coin maestro himself.

In yet another episode of Trump's greatest hits on ethical gymnastics, the former president has invited his top $TRUMP meme coin investors to a cozy dinner at his golf club. Because nothing screams transparent governance like wining and dining with those who help inflate your personal wealth by a modest $20 billion. Meme coins, for those not in the know, are essentially the crypto world’s equivalent of a Ponzi scheme, masquerading as investments with all the integrity of a used car salesman. Yet, who could resist the allure of a hastily launched coin by a man whose name is synonymous with financial precarity? Sure, let's call it a smart move, akin to betting your life savings on your Uncle Frank’s surefire horse tip.

With 80% of the $TRUMP tokens controlled by Trump-related entities, investors are essentially buying seats at a table where the only winner is already counting his billions. As the crypto market eagerly waits for the next plummet (or, as we like to call it, the Trump Bump), attendees prepare to enjoy their overpriced dinner, perhaps pondering if their crypto wealth will hold longer than a Trump University diploma.

Source: npr.org

#crypto#forever-grifting
crypto

trump’s crypto circus: coins, chaos, and capitalism

Trump at Bitcoin 2024 conference: because who better to pump a meme coin than a guy who built a casino empire?

Trump at Bitcoin 2024 conference: because who better to pump a meme coin than a guy who built a casino empire?

Oh, joy! The Trump administration is diving headfirst into the crypto ocean, because nothing spells financial stability like a market notorious for crashes and volatility. Coinbase is joining the S&P 500, and Trump's family is knee-deep in meme coins. What could possibly go wrong? With Trump’s SEC rewriting the rulebook to embrace the chaos, America is poised to lead the world—straight into the next financial meltdown. But sure, this is the revolution we’ve been waiting for. Main Street Americans, get ready to cash in your hard-earned dollars for some fresh, new crypto disasters. Don’t worry, you’ll be able to tell your grandkids how you helped fund the next 2008-style crash. But hey, at least Coinbase is having its moment in the spotlight!

Source: npr.org

#crypto#lawlessness#forever-grifting
crypto

trump's 'digital fort knox' or the next crypto circus?

President Trump listens attentively to David Sacks, the White House's newly minted czar of AI and crypto, as they plot America's next great leap into the world of digital fairy dust.

President Trump listens attentively to David Sacks, the White House's newly minted czar of AI and crypto, as they plot America's next great leap into the world of digital fairy dust.

In a move that screams crypto-mania, President Trump held a summit at the White House, inviting the finest crypto evangelists to celebrate what one can only assume is the dawn of a new digital age. After all, nothing says 'America first' like hoarding 200,000 bitcoins in a so-called 'digital Fort Knox'. Because why sell when you can strategically watch the market do somersaults? Trump, with his newfound passion for crypto, backed by his family business World Liberty Financial and, let's not forget, his very own memecoin, is on a mission to make the U.S. the 'crypto capital' of the planet. In other words, is this a strategic leap into digital assets or just another entertaining act in the never-ending circus that is Trump's America?

Source: npr.org

#crypto#forever-grifting#full-stupid
crypto

america's new gold rush: bitcoin edition

A dazzling display of crypto coins, featuring the illustrious $Trump meme coin. Visual proof that we're living in a satirical simulation.

A dazzling display of crypto coins, featuring the illustrious $Trump meme coin. Visual proof that we're living in a satirical simulation.

In yet another stroke of genius, President Trump has unveiled a 'Crypto Strategic Reserve', because nothing screams financial stability like attaching national security to a couple of volatile digital coins. Apparently, Bitcoin, Ether, XRP, Solana, and Cardano are the golden children of this new reserve, because why solve real problems when you can hold a bunch of pretend money instead? In other words, the U.S. government is betting on digital Monopoly money to bail out our national debt. And while supporters are busy dreaming about crypto profits fixing everything from potholes to the national deficit, critics can't help but notice the minor detail that crypto is about as stable as a Jenga tower in an earthquake. But sure, let's put our trust in the $Trump meme coin and see where that gets us.

Source: npr.org

#crypto#full-stupid
crypto

trump's meme coin circus: $$$ for the gullible

Because nothing says 'serious financial advisor' like speaking at a Bitcoin conference with a meme coin in hand.

Because nothing says 'serious financial advisor' like speaking at a Bitcoin conference with a meme coin in hand.

In a dazzling display of brilliance, former President Donald Trump has launched his very own cryptocurrency meme coin, $TRUMP, which yo-yos in value just like his political stances. Kicking off at $6.50 and skyrocketing to $73—because nothing screams 'financial stability' like a coin based on internet jokes—it nosedived to under $40 post-inauguration, but sure, have fun! Meanwhile, First Lady Melania Trump joined the grift parade with $MELANIA, proving that even the supporting cast gets a slice of the crypto pie. Trump, who once likened crypto to a 'scam,' now embraces it like a long-lost friend—because who wouldn't want to rely on the financial sector known for its volatility and history of fraud? The $TRUMP coin is emblazoned with his 'battle cry' of 'FIGHT FIGHT FIGHT,' which should also be the marketing slogan for anyone considering investing in this circus.

Source: npr.org

#crypto#forever-grifting